Rand buckling under pressure

The Rand is under enormous pressure, mainly due to international factors such as tensions between China and the US, as well the chaotic Brexit situation. (Currently R15.27/USD) Locally, time is running out for the government to avoid a Moody's downgrade in November (Review is scheduled for November 1.). Recent bail-outs of Denel, SAA and SABC … Continue reading Rand buckling under pressure